With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.

Planning your retirement? New Mexico offers significant tax breaks for seniors, including income exemptions and low property taxes. Get the latest on affordable living, health care and lifestyle in ...

The U.S. tax code didn’t get to be 74,000 pages long without getting a little confusing. But don’t throw up your hands just ...

In Connecticut, the deadline to file state and federal tax returns is April 15. Here's how to file for free, and who's ...

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

State income tax savings (green) through 2031 based on an annual adjusted gross income of $90,000 of a married couple with one dependent. PC: Screenshot via taxcuthawaii.org ...

Many investors don’t plan for future taxes when contributing to traditional IRAs. Here are the key things to know.

The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your ...

Social Security recipients will be happy to hear that most states do not tax benefits. Below are the 41 states (along with ...

Michigan taxpayers hit by storms in August 2023 might have good reason now to amend those returns. How they might claim a personal casualty loss.

The first reason many people can retire earlier than expected is the tendency for spending to decline with age. According to ...